Examples of Piggyback Rights in a sentence
Notwithstanding anything to the contrary in this Agreement, the Company shall be responsible for the Registration Expenses incurred in connection with a Registration pursuant to a Shelf Underwriting or Demand Registration prior to its withdrawal under this subsection 2.1.4.112.2 Piggy-back Registration.2.2.1 Piggy-back Rights.
If a Specified Investor is entitled to Piggyback Rights hereunder and wishes to exercise its Piggyback Rights it shall deliver to the Company a written notice (i) within two Business Days after the receipt of the Company’s notice or (ii) at least one day prior to the first use of a preliminary prospectus in connection with such Underwritten Offering, whichever is earlier.
Notwithstanding anything to the contrary in this Agreement, the Company shall be responsible for the Registration Expenses incurred in connection with a Shelf Takedown prior to its withdrawal under this Section 2.1.6, other than if a Demanding Holder elects to pay such Registration Expenses pursuant to clause (ii) of the second sentence of this Section 2.1.6.2.2 Piggyback Registration.2.2.1 Piggyback Rights.
Among other things, this gives the investors rights to demand registration of their shares (Demand Rights) and to have their shares registered along with any other shares of the company being registered (Piggy-back Rights) and allocates costs and potential liabilities associated with the registration process.
Piggyback Rights In the event of an Initial Public Offering, the Stockholder shall have the right to request registration of the Shares for sale in connection with an underwritten registered Initial Public Offering.